Florida Rep. Jared Moskowitz landed a two-in-one dig at Republicans during a House Oversight Committee hearing Thursday, simultaneously mocking Donald Trump’s much-criticized debate answer about healthcare and the GOP’s stalled impeachment inquiry into President Joe Biden.
The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.
Biden spoke a day after the Federal Reserve cut interest rates a half-point, an important marker that suggested a shift from fighting inflation to helping economic stability. And the president seized upon the cut — bigger than many economists predicted — as a sign the economy was moving in the right direction.
The former president emphasized the words “a woman” by sitting up straight and putting both hands in front of him, lightly cupping the air.
President Joe Biden told the Economic Club of Washington, D.C., on Thursday that he wasn't declaring victory, but the country had entered a new phase of its recovery from the pandemic.
President Joe Biden and Vice President Kamala Harris have repeatedly touted on the campaign trail their efforts to lower drug prices, including a $2,000 limit on Medicare enrollees’ out-of-pocket prescription costs that starts in January.
The White House signaled that President Joe Biden has no immediate plans to rollback his executive order restricting asylum applications.
Biden clearly linked the aftermath of the pandemic – with shipping lanes clogged, goods scarce and people shut in and working remotely – to the economic problems he faced. But he also blamed Russian President Valdimir Putin’s 2023 invasion of neighboring Ukraine for driving up energy prices, adding to inflation.
Polls show Americans remain deeply worried about the economy and inflation, with Vice President Kamala Harris, who became the Democratic nominee when Biden bowed out of the race in July, and Republican former President Donald Trump essentially deadlocked less than seven weeks before the Nov. 5 U.S. presidential election.